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Ireland narrows sanctions on Israeli settlements to low-value goods amid U.S. investment concerns.
Ireland is scaling back planned sanctions on Israeli settlements due to pressure from business groups worried about U.S. investment, limiting the measure to only low-value goods worth about €200,000 annually and excluding services to protect multinational corporations.
The move follows warnings that broader sanctions could strain relations with the U.S. and harm Ireland’s economy, which relies heavily on U.S.-based firms employing 11% of workers and contributing significantly to tax revenue.
The government is awaiting legal advice on the feasibility of including services, while the bill remains set for debate before parliament’s December recess.
Irlanda restringe las sanciones a los asentamientos israelíes a bienes de bajo valor en medio de las preocupaciones de inversión de Estados Unidos.